223 SPENCE LN, LIBERTY HILL, TX 78642
LIBERTY HILL, 78642 — williamson County
Property at a Glance
This home is estimated between $551,154 and $1,172,492, with a best estimate of $1,018,609. That places the property above the I122617A - Hidden Oak Estates/River oaks median of $900,978, in a neighborhood that declined 1.1% over the past year.
Estimated Value Range
$1,018,609
$945,331
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I122617A - Hidden Oak Estates/River oaks. The estimated range of $551,154 and $1,172,492 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$93,231 for 345 sqft less living space. Net adjustment: -$93,231.
Adjusted +$38,914 for 144 sqft more living space and -$27,813 for being older. Net adjustment: +$11,101.
Adjusted -$5,405 for 20 sqft less living space and -$41,720 for being older. Net adjustment: -$47,125.
Adjusted +$87,557 for 324 sqft more living space and -$13,907 for being older. Net adjustment: +$73,650.
Adjusted +$42,968 for 159 sqft more living space. Net adjustment: +$42,968.
The Neighborhood
This home is valued 4.9% above the I122617A - Hidden Oak Estates/River oaks median of $900,978. With 202 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.1% over the past year.
I122617A - Hidden Oak Estates/River oaks
typicalThis home is +4.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,392 across all districts. With a homestead exemption claimed, that drops to $18,483 — saving $1,909 per year. That's $1,540 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $11,712 |
| North San Gabriel MUD #2 | MUD | 0.4300% | $4,065 |
| Williamson County | County | 0.3694% | $3,492 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $704 |
| Williamson County FM/Rd | County | 0.0443% | $419 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1572% | $20,392 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,018,609 would pay approximately $6,358 per month (principal and interest only, excluding taxes and insurance).